Indices Bounce Back Slightly But End Down for the Week (NKE, MWW)

Markets bounced slightly today but were generally sporadic on the news that US new home sales were down in February, and ended the week down. New home sales fell for the second month in a row, by 1.6 percent month over month. Nike (NKE) is up today after a strong quarter where earnings rose by 7 percent. Monster Worldwide (MWW) has made it clear they are open to a buyer, either in whole or in part.